Evergy Ventures, Arctern Ventures, Shell Ventures, Greycroft, Lerer Hippeau, Box Group, and Falkon Ventures invested in the software and fulfillment platform focused on helping consumers understand their energy finances. Palmetto, a Charleston, S.C.-based software company focused on home energy spend, landed $29 million in Series B funding from investors including Evergy Ventures, Arctern Ventures, Shell Ventures, Greycroft, Lerer Hippeau, Box Group, Falkon Ventures and the…
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AES, one of the world’s largest power companies, has made a strategic investment in Sydney-based pre-fabricated solar array manufacturer 5B to meet the growing needs of its customers for solar. U.S. utility AES has made a strategic $8.6 million investment in Sydney-based 5B, in a show of confidence in the company’s prefabricated, redeployable solar technology.…
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The 182.5 MW/730 MWh Moss Landing energy storage system could eventually be expanded to 1.1 GWh – putting it on track to overshadow Tesla’s massive Hornsdale project in Australia. U.S. utility Pacific Gas & Electric (PG&E) and Tesla have started construction on a battery storage project in Monterey County, California, that could end up being one of the biggest…
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Utility Iberdrola will provide solar power to the Spanish site of Saudi petrochemical company Sabic, which has signed a 25-year power purchase agreement. The electricity will be generated by a €70 million, 100 MW solar park. Saudi petrochemical multinational Sabic has signed a 25-year power purchase agreement (PPA) with Spanish utility Iberdrola for the supply of solar…
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Spanish renewables company Acciona has commissioned Spain’s first floating installation and utility EDP has finalized the first, 1 MW phase of a 4 MW project at the Alqueva water reservoir in southern Portugal. Acciona has commissioned Spain’s first grid-connected floating solar plant, in the southern region of Extremadura. The renewables company received authorization for the…
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In the latest edition of Electric Power Monthly, EIA data shows that renewable resources have generated more electricity through May 31st than both coal and nuclear power. 2020 has been a benchmark year for renewable generation, with the latest edition of the U.S. Energy Information Administration’s (EIA) Electric Power Monthly report showing that renewable resources have generated more electricity…
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The first Horizon folding rooftop has been installed above a parking lot in Switzerland, where it will generate power for on-site consumption, including EV charging. The first Horizon solar folding roof product made by DHP Technology has been installed over a parking area in Switzerland. The 420 kW generation capacity, 4,000 square meter roof covers 152 parking…
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The module is available in five versions with power output ranging from 310 W to 330 W and efficiencies between 20.22 and 21.53%. The manufacturer claims the BIPV panel has an oustanding flexibility with minimum curve radius of 25 cm. Chinese solar module manufacturer Jiangsu Sunport Power Corp., Ltd. has launched an upgraded version of its…
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Finnish company ICS has developed a foil which it claims can significantly increase the yield of solar panels, when applied to the edges of a PV module. Germany’s Fraunhofer ISE has confirmed that the increase in performance for conventional solar modules with the solar film is ranging from 5% to 10%. Already a well-known abbreviation…
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Tesla boss Elon Musk has published the first image of the planned Gigafactory in Grünheide, near Berlin, in eastern Germany. Tesla boss Elon Musk has published an image of the planned Gigafactory in Grünheide, near Berlin in eastern Germany. The picture, published on Musk’s Twitter account, shows a rendering of the new factory, which includes the…
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